The industrial revolution was very important. There was no doubt about it.
However, the industrial revolution was a long-term development process, so there was no rush.
The first thing Yang Jing had to do was to start a business revolution in this small county.
In fact, from the day he decided to grow grain, Yang Jing had made up his mind to reform the business.
And the most important part of business innovation was to set up banks and issue currency!
The establishment of a new regime was inevitably accompanied by the creation of a new currency.
However, it was too early for Yang Jing to issue a new currency.
Firstly, his credibility among the people was not strong enough. Even if he issued currency, no one dared to exchange it.
Secondly, the territory occupied was too small, and the new currency could not be circulated with the outside world. Over time, the new currency might become a pile of worthless waste paper.
Therefore, it wouldn't be too late to issue a new currency after Yang Jing established his own regime.
The establishment of a country sounded distant, but it was actually a matter of one or two months.
There were only three months left until the fall of the Ming Dynasty. Yang Jing had to take down Ying Tian within two months and occupy the entire South Zhili.
After that, he would replace the Zhu family who wanted to establish Nanming in Nan Zhi Li and establish a brand new regime!
Therefore, from now on, he had to prepare for the new currency in the future.
The most important part was to establish a bank and promote it on a large scale.
First, he would operate the bank and establish credibility in the hearts of the people. This way, it would be much easier to issue and use the new currency in the future.
As a modern person, Yang Jing was very clear about the operating rules of the bank. Before opening a bank, he must reserve a large amount of reserves.
The reserves determined the credibility of the bank in the hearts of the public.
The higher the reserve, the lower the risk of the bank going bankrupt.
Therefore, after leaving the drill ground, Yang Jing returned to the Yang residence without stopping to count the amount of gold and silver in his hands.
A total of 310,000 taels of gold and 230,000 taels of silver.
He transferred 10,000 taels of gold to the weapons manufacturing factory to be used for the manufacture of firearms. The remaining gold and silver were all put into the bank as reserves.
Wuyuan County was small, so it was enough to use the gold and silver as reserves.
As for the location of the bank, Yang Jing had chosen it a few days ago.
It was set at the previous money shop in the city.
Although he had banned all the money houses and banks in the city, the ready-made shops could still be used. There was no need to tear down and rebuild the shops for the sake of face.
Don't make things difficult for money. It would be a waste not to use the existing resources.
The establishment of a bank was a very happy thing for the people in the city.
In the past, when they deposited money in a private bank, they had to pay a large amount of management fees to the bank.
However, Yang Jing's bank was different. Not only did it not charge management fees, but it also gave a certain percentage of interest. The more you saved, the more interest you would receive.
Other than establishing banks, he also reformed the business tax.
Regarding the business tax, Yang Jing issued two decrees.
First, from now until the next year, there will be no business tax.
This made many merchants in the city very excited. They all praised Yang Jing for his wisdom and wisdom. This decision could not be any wiser.
After all, not paying business tax for a year could save a lot of money!
However, these people had only been happy for a few minutes when Yang Jing's second decree came.
Second, after a year of tax exemption, the business tax would be increased from 30% to 60%.
As soon as this decree was issued, the merchants in the city immediately complained.
The increase from 30% tax to 60% tax was not just a little bit!
A full 50%!
Yang Jing chose to ignore their criticism. After all, he was already very kind to let these people live.
Moreover, the business tax of 30% was almost equivalent to not collecting a single cent!
They had been enjoying this extremely low business tax all these years, and they knew how much money they had earned.
Yang Jing felt that there was no need for him to be polite with them.
If it wasn't for the fact that the business tax couldn't be collected, the Ming Empire's treasury wouldn't be so empty!
Ever since the Hongwu Emperor Zhu Yuanzhang founded the Ming Dynasty, the business tax had always been 1/30.
Zhu Yuanzhang, who was born in poverty, hated the rich merchants the most.
Therefore, the ranking of scholars, farmers, merchants, and businessmen was set up. The status of merchants was at the bottom of society.
Not only did the imperial court try its best to suppress the merchants, but they also looked down on the merchants 'stinky money.
Therefore, commercial taxes were extremely low and agricultural taxes were extremely high.
However, it was precisely because of this abnormal discrimination that the Ming court had always ignored the merchants with low status, allowing the commerce of the Ming Dynasty to flourish and the merchants to become rich.
As a result, many officials in the imperial court took a fancy to the lucrative business.
Thus, they began to collude with officials and merchants to open shops, racking their brains to earn money from the people. Some officials even thought of ways to earn money from the court.
It wasn't that the Ming Dynasty didn't have an emperor who was aware of the business tax problem, but the Donglin Party was powerful.
He either deliberately arranged for the Tianqi Emperor, who wanted to implement the reform, to fall into the water, or jumped out to tell Chongzhen that raising the commercial tax was fighting for benefits with the people. This was absolutely not allowed, for he was afraid that the world would poke at his spine.
With the big label of competing with the people, Chongzhen, who had always cherished his feathers, could only give up.
Thinking of this, Yang Jing shook his head and sighed.
Dong Lin Party, Dong Lin Party again.
The corruption of almost all industries could not be separated from the Donglin Party.
It was true that the Donglin Party was a parasite and cancer of the Ming Dynasty. It was easier to kill them directly than brainwashing them to make them loyal.
In the same way, destroying the Ming Dynasty and establishing a new regime to protect the Han Dynasty was much simpler than saving the Ming Dynasty.
Big Ming had long rotted to the roots.
Apart from the reform of the business tax, Yang Jing also built an entire commercial street in the bustling area of the city, opening shops such as salt, iron, cloth, inns, and restaurants.
In addition, many empty shops were left to attract customers from all the people in Wuyuan County.
As long as they were willing to pay the rent and joining fee, they could open a branch of Yang Jing's shop. Yang Jing would be responsible for the renovation, and the joining party could open the shop directly.
At the same time, the shops that joined the alliance only needed to pay a certain amount of property management fees to be protected by Yang Jing. There would no longer be cases of soldiers forcefully plundering silver.
In the beginning, when they heard that the business tax would be increased by 50%, they refused to open a shop and do business.
However, on second thought, there was a year where they did not collect any business tax. If they joined Yang Jing's shop, they could also be exempted from renovation fees. The second year, when the business tax was high, they would directly quit. Yang Jing could not do anything to them either.
Just harvesting leeks for a year would earn enough money.
How could Yang Jing not know what they were up to? He had already prepared for it.
Therefore, when those who had small thoughts in their hearts saw the contract and found out that the contract was signed for five years, it was already too late.
All the peasant soldiers in the room were standing there with their swords lit up. How dare they break the contract? Do you want to live longer?
Yang Jing had already made a series of preparations for the flourishing development of his business in the future.
If he made a good start in Wuyuan County, it would be much smoother to implement the reform in other places in the future.
Apart from the business reform, Yang Jing did not forget about cultural education.
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